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Americanization Of Canadian Economy Essay

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Americanization of the Canadian Economy
Since the country’s conception in 1867, Canada has lived in the shadow of it’s southerly neighbour, the United States of America. Through the years, what started out as a country with very distinct culture has morphed and become Americanized. Historically speaking, American influence has had a great economical impact on Canada. Speaking about the Americanization of Canada, Pierre Trudeau, former Prime Minister of Canada, has said, “Americans should never underestimate the constant pressure on Canada which the mere presence of the United states has produced…” This pressure has changed the way Canadians live and conduct business. This pressure has Americanized the Canadian economy. American culture has a very far reaching effect on Canada with many trickle down effects. Americanization of the Canadian economy has lead to the American control of the Canada’s corporate structure, Canadian dependence on American capital, turned the Canadian economy into a mirror image of the American economy, and has led to loss of …show more content…

Not only does the Americanization of the Canadian economy change the way Canadians live and conduct business, it also destroys the distinct Canadian culture that Canadians have worked so hard to create. The Americanization of the Canadian economy has lead to the American control of the corporate structure of Canada, high levels dependance on American capital and to the state of the Canadian economy being a mirror image of the state of the American economy. With the high number of American investments in Canada, it is seen as to what a great extent the corporate world of Canada is being controlled by Americans. This leads one to wonder whether or not the Canadian economy ever become independent, or will it forever be dependant on the American economy for

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